Home » Business » Today’s stock markets, April 2nd. The EU gets worse with Wall Street, Tesla falls. The BTP-Bund spread closes at 140 points

Today’s stock markets, April 2nd. The EU gets worse with Wall Street, Tesla falls. The BTP-Bund spread closes at 140 points

Piazza Affari closes down by 1.22%

Piazza Affari closed the session down after the Easter break. The Ftse Mib lost 1.22% to 34,325 points. On the macro front, the data on German inflation was released during the day, slowing down in March to +2.2% on an annual basis, at its lowest level since May 2021. Meanwhile, on the eve of the ISM index in the US of the manufacturing industry after a year and a half, thanks to the strong recovery in production and the increase in new orders. Furthermore, with the markets closed on Friday, the PCE index for February recorded moderate growth, with +0.3% on the month. Operators continue to wonder about rate cuts by central banks, now considered likely in June. Oil stocks were saved on the list thanks to the rises in crude oil prices to the highest levels in recent months: Eni +2.61% and Saipem at +1.86%. The banks were negative, with Unicredit -0.07%, Intesa -0.46%, Mps -1.60%. In finance, Generali closed with -0.17%. Luxury fell, Stellantis weak, losing 3.28%, Tim -1.60% after the news of the complaint that would have been filed by Starlink against the group, accused of hindering the spread of fast internet in the country.

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– 2024-05-08 18:45:06

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